Trucks priced at $25,000 in 2000 $25,814.36 in 2017

Historical Price Inflation for Trucks


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Prices for Trucks, 2000-2017 ($25,000)

According to the U.S. Bureau of Labor Statistics, prices for new trucks were 3.26% higher in 2017 versus 2000.

Between 2000 and 2017: Trucks experienced an average inflation rate of 0.19% per year. In other words, trucks costing $25,000 in the year 2000 would cost $25,814.36 in 2017 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, trucks inflation was lower.

In the year 2000: Pricing changed by -0.23%, below the average yearly change for trucks during the 2000-2017 time period. Compared to overall inflation for all items in 2000 (3.38%), price inflation for trucks was much lower.

Price Inflation for New trucks since 1983

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1991 (4.47%), 1986 (4.39%), and 1994 (4.37%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New trucks:

Year 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
CPI 100.000 101.285 105.538 110.169 112.231 113.531 117.008 121.562 126.992 130.915 135.738 141.677 145.923 149.515 151.423 151.054 152.000 151.654 150.723 147.769 146.069 145.000 145.300 142.885 140.714 137.117 138.840 142.695 146.547 149.393 151.848 153.563 155.441 156.436 156.594

View price changes for other categories
Juices and nonalcoholic drinks · Gasoline (all types) · Fresh fruits · Rent of primary residence · More

How to calculate the inflation rate for trucks, 2000-2017

Start with the inflation rate formula:

CPI in 2017 / CPI in 2000 * 2000 USD value = 2017 USD value

Then plug in historical CPI values from above. The CPI for New trucks was 151.654 in the year 2000 and 156.594 in 2017:

156.594 / 151.654 * $25,000 = $25,814.36

Therefore, according to U.S. Bureau of Labor Statistics, $25,000 in 2000 has the same "purchasing power" as $25,814.36 in 2017 (in the category of New trucks).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New trucks in 1983. In addition to trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.

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